VCOM Institutional Policy and Procedure Manual

VCOM Transfer Equipment Policy

Policy #R001

"non-capital equipment" shall be defined as any tangible property having a unit cost of less than $1000.

"capital equipment" shall be defined as any tangible property having a unit cost of $1000 or greater and a life expectancy of two years or more.

7. D URATION OF P OLICY

The VCOM Transfer of Equipment Policy established by the Research Office is effective as of the date above and shall remain effective until amended or terminated by the President and the Provost, Executive Vice President and Founding Dean.

VCOM Transfer of Equipment Policy

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